About 428 Wallace Avenue N
RARE OPPORTUNITY WITH ENDLESS POSSIBILITIES! Welcome to 428 Wallace Avenue North in Welland, a unique property offering residential rental income along with a substantial commercial-style shop space. Featuring approximately 4,500 sq. ft. of combined space, the property includes a detached home of approximately 1,400 sq. ft. and a separate building offering approximately 2,926 sq. ft. across the main-floor shop and upper-level residential apartment. Both the home and apartment are currently tenanted, providing existing rental income, while the shop is owner-occupied and offers excellent space for a business, workshop, storage or personal use. Whether you're an investor looking to expand your portfolio, a business owner wanting to operate from your own property while collecting rental income, or someone exploring future redevelopment or additional residential units, this property offers plenty of potential. A unique opportunity with multiple income streams and possibilities, all in one location!
Features of 428 Wallace Avenue N
| MLS® # | X13883436 |
|---|---|
| Price | $479,900 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Square Footage | 2,500 |
| Type | Residential Freehold |
| Sub-Type | Duplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 428 Wallace Avenue N |
|---|---|
| Area | Niagara |
| Subdivision | 768 - Welland Downtown |
| City | Welland |
| Province | ON |
| Postal Code | L3B 1R2 |
Amenities
| Parking Spaces | 6 |
|---|---|
| # of Garages | 2 |
| Garages | Detached |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Basement | Full, Unfinished |
Exterior
| Exterior | Stucco (Plaster) |
|---|
Listing Details
| Office | COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE |
|---|